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Quarterly indicators, Québec and Canada

Key seasonally adjusted economic indicators. Annualized levels.

Québec

Quarterly economic accounts 2025 2026 2025 2026
     
    Year to date II III IV I II

Aggregates in chained $M (2017)
GDP at market prices 486 997 488 479 486 088 486 650 486 265 487 968 488 989
Final domestic demand 520 530 523 404 520 955 518 843 522 124 521 974 524 834
     Household final consumption expenditure 289 055 291 642 289 708 288 259 290 001 290 622 292 662
     General governments final consumption expenditure 121 040 121 144 121 172 120 657 121 448 120 711 121 576
     Business gross fixed capital formation 78 447 77 995 78 332 77 637 77 829 77 935 78 055
     General governments gross fixed capital formation 23 100 23 477 22 891 23 449 24 013 23 566 23 388
Exports of goods and services 209 912 209 262 207 213 208 426 208 739 206 223 212 300
Imports of goods and services 240 381 239 980 243 253 238 182 237 335 238 584 241 375
Aggregates in current $M
GDP at market prices 646 015 664 466 640 981 649 229 655 672 660 975 667 956
Compensation of employees 347 570 356 392 344 479 349 944 351 025 354 069 358 714
Net operating surplus of corporations 82 126 86 369 81 243 82 080 84 772 87 320 85 418
Net mixed income 48 645 50 125 47 953 49 191 50 255 49 770 50 480
Household disposable income 358 748 369 506 353 678 362 686 362 131 366 791 372 220
Household net saving 28 133 27 496 25 115 31 410 26 906 26 954 28 038

  

Other indicators 2025 2026 2025 2026
     
    Year to date II III IV I II

Real GDP at basic prices (2017 $M) 450 300 451 671 449 517 450 035 449 684 451 199 452 143
Real international merchandise exports (2017 $M) 89 553 87 104 86 054 85 689 87 759 85 248 87 566
Real international merchandise imports (2017 $M) 105 916 107 827 109 462 106 377 104 070 105 931 108 962
Housing starts (n) 59 864 59 376 59 248 59 724 63 292 58 799 50 801
Residential building permits (current $M) 20 093 22 570 20 164 19 255 20 956 22 817 23 016
Non-residential building permits (current $M) 9 074 9 995 9 537 9 663 8 202 8 895 10 630
Sales of manufactured goods (current $M) 221 192 236 043 212 838 222 633 222 727 227 397 242 227
Wholesale sales (current $M) 207 897 215 641 206 215 209 888 205 364 212 068 218 922
Retail sales (current $M) 186 907 192 569 186 057 188 762 187 995 191 436 193 250
Average weekly earnings, including overtime (current $) 1 256.59 1 282.62 1 252.18 1 266.33 1 265.65 1 275.85 1 290.25
Labour force (K) 4 921.1 4 883.3 4 937.7 4 917.2 4 913.9 4 903.7 4 871.4
Employment (K) 4 644.8 4 609.8 4 641.0 4 637.2 4 656.7 4 634.8 4 592.6
     Full-time (K) 3 781.3 3 715.0 3 788.2 3 780.0 3 765.7 3 732.5 3 690.2
     Part-time (K) 863.5 894.7 852.7 857.2 890.9 902.3 902.3
Unemployment rate (%) 5.6 5.6 6.0 5.7 5.2 5.5 5.7
Participation rate (%) 64.9 64.4 65.2 64.7 64.6 64.6 64.3
Employment rate (%) 61.3 60.8 61.3 61.0 61.3 61.0 60.6
Consumer price index, non-seasonally adjusted (2002=100) 161.0 165.2 160.8 162.0 162.7 163.2 166.0
U.S. exchange rate in cents, non-seasonally adjusted 71.54 72.30 72.26 72.59 71.69 72.91 72.27

Canada

Quarterly economic accounts 2025 2026 2025 2026
     
    Year to date II III IV I II

Aggregates in chained $M (2017)
GDP at market prices 2 501 835 2 513 866 2 495 975 2 507 754 2 501 573 2 503 604 2 524 127
Final domestic demand 2 544 310 2 572 594 2 547 329 2 544 037 2 561 069 2 560 392 2 584 796
     Household final consumption expenditure 1 424 316 1 448 744 1 427 042 1 424 133 1 434 309 1 442 798 1 454 690
     General governments final consumption expenditure 553 824 558 690 555 911 552 929 556 099 555 998 561 381
     Business gross fixed capital formation 426 012 423 203 427 047 425 599 423 783 418 414 427 991
     General governments gross fixed capital formation 102 395 104 882 99 718 103 366 109 202 106 413 103 351
Exports of goods and services 741 192 757 039 722 137 729 419 741 277 743 715 770 362
Imports of goods and services 799 004 816 924 810 182 787 118 791 010 815 810 818 037
Aggregates in current $M              
GDP at market prices 3 245 257 3 383 106 3 211 260 3 260 736 3 284 580 3 328 492 3 437 720
Compensation of employees 1 629 309 1 679 168 1 619 164 1 636 488 1 647 776 1 666 936 1 691 400
Net operating surplus of corporations 461 195 524 496 444 344 463 288 475 264 487 660 561 332
Net mixed income 308 158 317 768 303 808 312 476 318 900 315 024 320 512
Household disposable income 1 786 079 1 840 884 1 775 844 1 790 264 1 801 452 1 821 552 1 860 216
Household net saving 78 853 64 398 75 888 78 988 67 220 60 876 67 920

  

Other indicators 2025 2026 2025 2026
     
    Year to date II III IV I II

Real GDP at basic prices (2017 $M) 2 332 869 2 355 121 2 325 523 2 339 339 2 337 993 2 341 300 2 363 393
Real international merchandise exports (2017 $M) 571 072 570 254 547 384 560 748 568 322 557 840 580 355
Real international merchandise imports (2017 $M) 610 075 621 383 614 967 601 080 602 952 617 414 626 315
Housing starts (n) 259 028 243 813 276 043 272 634 256 081 244 549 245 856
Residential building permits (current $M) 92 334 93 377 88 102 88 042 94 095 96 652 92 391
Non-residential building permits (current $M) 57 205 63 155 59 508 55 871 60 034 59 176 68 261
Sales of manufactured goods (current $M) 851 752 906 923 829 285 852 896 855 308 860 301 941 020
Wholesale sales (current $M) 1 413 476 1 586 420 1 387 261 1 419 614 1 402 826 1 478 548 1 673 911
Retail sales (current $M) 843 630 876 292 842 421 843 896 847 227 865 721 884 175
Average weekly earnings, including overtime (current $) 1 302.82 1 336.37 1 296.26 1 308.90 1 313.72 1 327.91 1 341.20
Labour force (K) 22 567.6 22 601.5 22 551.5 22 576.9 22 650.6 22 565.6 22 604.3
Employment (K) 21 028.7 21 111.6 20 993.9 20 994.9 21 121.8 21 070.0 21 098.3
     Full-time (K) 17 194.8 17 282.1 17 162.3 17 188.0 17 247.1 17 252.0 17 271.3
     Part-time (K) 3 833.9 3 829.5 3 831.6 3 807.0 3 874.8 3 818.0 3 827.0
Unemployment rate (%) 6.8 6.6 6.9 7.0 6.7 6.6 6.7
Participation rate (%) 65.3 65.0 65.3 65.2 65.3 65.0 65.0
Employment rate (%) 60.8 60.7 60.8 60.6 60.9 60.7 60.7
Consumer price index, non-seasonally adjusted (2002=100) 164.2 168.1 164.0 164.9 165.2 166.1 168.9
U.S. exchange rate in cents, non-seasonally adjusted 71.54 72.30 72.26 72.59 71.69 72.91 72.27

  
– The year-to-date levels represent the average of all observable annualized periods. When annual gross value and changes are available, they are presented.
– Due to more frequent updating, the quarterly economic accounts data may differ from those published by Statistics Canada in the Provincial and Territorial Economic Accounts.
– Monthly and quarterly data on housing starts are seasonally adjusted independently; quarterly data do not correspond to the average of monthly data.
– In April 2020, the CMHC's monthly survey was carried out in all Canadian provinces except Québec. As a result, the April 2020 data for Québec is not available and the April 2020 data for Canada excludes Québec.
– Annual sales of manufactured goods are calculated from the monthly survey.
– Numbers in bold have been revised since last Friday.
  
Sources : Institut de la statistique du Québec,
                  Statistics Canada,
                  Mortgage and Housing Corporation (housing starts),
                  Bank of Canada (exchange rates).
 
Update : September 29, 2026
Symbols used in tables
.. Data not available
... Not applicable
– Void or zero
— Negligible data
p Preliminary data
r Revised data
e Estimated data
x Confidential
F Data unreliable
n.e.s. Not elsewhere specified
p.-y. Person-year
f.t.e Full-time equivalent
‰ Per thousand
kg Kilogramme
l Liter
n Number
t Metric ton
$ In dollars
k and '000 In thousands
M and '000 000 In millions
G In billions
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